Understanding APR - Annual Percentage Rate
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Understanding APR - Annual Percentage Rate
The APR, or annual percentage rate, is the cost you incur for borrowing money. When it comes to your mortgage, it is calculated using your interest rate,...
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Definition of Interest Rate
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Did you know: If you have an FHA mortgage, you can lower your payment by refinancing to a new mortgage at a lower rate?⁣ -⁣ FHA has a special type of refinance ONLY available to home owners with an FHA Mortgage⁣ -⁣ It’s called an FHA Streamline mortgage. Here’s what it means 👇🏽⁣ -⁣ We don’t need verify current income, debts, or order a new appraisal (saves you $$$)‼️⁣ -⁣ You can streamline refi, aka lower your payment every 6 months as long as the current mortgage rate available is at least 0.
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Did you know: If you have an FHA mortgage, you can lower your payment by refinancing to a new mortgage at a lower rate?⁣ -⁣ FHA has a special type of refinance ONLY available to home owners with an FHA Mortgage⁣ -⁣ It’s called an FHA Streamline mortgage. Here’s what it means 👇🏽⁣ -⁣ We don’t need verify current income, debts, or order a new appraisal (saves you $$$)‼️⁣ -⁣ You can streamline refi, aka lower your payment every 6 months as long as the current mortgage rate available is at least 0.
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HUD 221(d)(4) Construction & Rehab Loans | HUD Loans
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